45 Drake Close

    45, DRAKE CLOSE, SOUTH SHIELDS, SOUTH SHIELDS, NE33 5DE

    This flat/maisonette leasehold property on Drake Close last sold in November 2007 for £71,000. Based on price growth in the NE33 district since then, its estimated current value is £76,083 — placing it in the 1st percentile nationally and the 16th percentile within NE33. The property covers 29 m² (312 sq ft), giving an estimated value of £2,624 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    29 m²

    (312 sq ft)

    Last Sale Price

    £71,000

    Nov 2007

    Estimated Valuation

    £76,083

    Est. £/m²

    £2,624/m²

    £244/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialD
    Floor area29 m² (312 sq ft)
    EPC dateMay 2026
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    2 Nov 2007

    £71,000

    Key Metrics

    Estimated valuation£76,083
    Value per m² / sq ft£2,624/m² (£244/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile16th percentile
    National percentile1st percentile

    District Context — NE33

    NE33 covers South Shields and surrounding areas in South Tyneside, in the north-east of England. It is a long-established coastal community with a mixed-tenure housing stock and a diverse occupational base.

    Average Property Price - NE33

    £153,452

    3

    National percentile

    Average Net Household Income - NE33

    £28,967

    6

    National percentile

    10-Year Annualised Price Growth - NE33

    2.1%

    11

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE33

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